Reality
noun
The present is the truth. It is what's going on right now. It is reality.
This is a jukugo word, which usually means on'yomi readings from the kanji. If you know the readings of your kanji you'll know how to read this as well.
「頼むから、現実を見てくれよ！これはケーキじゃなくてうんちなんだ！」
"For God’s sake, face reality! This isn’t cake, it’s poop!"